Some recent announcements indicate that several large public and private projects will be getting underway on the East Riverfront:

Dan Gilbert’s Bedrock development company purchased a 2.75 acre waterfront site from Syncora for $5 million. The site, located a few blocks east of the Renaissance Center, is zoned for over 400,000 SF of what will likely be residential development.

The Stone Soap Building, a mixed use re-development adjacent to City Growth Partners’ new site, is expected to finally get under way this spring. The project will include 48 condominiums, a food hall, and a Shakespeare theater.

Though they will take several years to complete, these projects will bring a new level of activity to the riverfront. The increased density will be key to supporting the retail establishments and restaurants that are a natural fit for this neighborhood.